Volume : VIII, Issue : V, May - 2019
EVOLUTION AND RISE IN THE GROWTH OF MICRO-INSURANCE
Rudrajit Sinha Roy
Abstract :
Micro-insurance is not a financial instrument nor a exchange note unlike other money market or capital market instrument but it is a mechanism to eliminate the vicious cycle of poverty . The article highlights the concept of micro-insurance , the various problems in India with regard to micro-insurance schemes and highlights the various advantages of the schemes .This article will also help the readers know about the various obligations proposed by IRDAI and the involvement of the government bodies for the insurance policy holders.
Keywords :
Micro-insurance Channel of funds Economic Development Financial system IRDAI obligations Marginalized society Vicious cycle.
Article:
Download PDF
DOI : https://www.doi.org/10.36106/gjra
Cite This Article:
EVOLUTION AND RISE IN THE GROWTH OF MICRO-INSURANCE, RUDRAJIT SINHA ROY GLOBAL JOURNAL FOR RESEARCH ANALYSIS : Volume-8 | Issue-5 | May-2019
Number of Downloads : 325
References :
EVOLUTION AND RISE IN THE GROWTH OF MICRO-INSURANCE, RUDRAJIT SINHA ROY GLOBAL JOURNAL FOR RESEARCH ANALYSIS : Volume-8 | Issue-5 | May-2019